16 Grove St Somerset, NJ 08873
Estimated Value: $538,073 - $647,000
--
Bed
--
Bath
1,464
Sq Ft
$396/Sq Ft
Est. Value
About This Home
This home is located at 16 Grove St, Somerset, NJ 08873 and is currently estimated at $580,268, approximately $396 per square foot. 16 Grove St is a home located in Somerset County with nearby schools including Franklin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2021
Sold by
Jtjr Properties Llc
Bought by
Ramos Martha A and Vasquez Ramos Jillian
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
3.11%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 5, 2021
Sold by
Spengler Robert D and Estate Of Peter Boton Jr
Bought by
Jtjr Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,250
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 29, 2000
Sold by
Garatino Theresa
Bought by
Castro Jose and Castro Isabel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,888
Interest Rate
7.64%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramos Martha A | $415,000 | Fidelity National Title | |
| Jtjr Properties Llc | $225,000 | Guardian Setmnt Agents Inc | |
| Castro Jose | $224,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ramos Martha A | $407,483 | |
| Previous Owner | Jtjr Properties Llc | $285,250 | |
| Previous Owner | Castro Jose | $181,888 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,320 | $563,900 | $303,100 | $260,800 |
| 2024 | $9,320 | $511,500 | $333,100 | $178,400 |
| 2023 | $9,535 | $491,500 | $313,100 | $178,400 |
| 2022 | $9,247 | $451,500 | $273,100 | $178,400 |
| 2021 | $7,723 | $346,500 | $168,100 | $178,400 |
| 2020 | $7,696 | $336,500 | $158,100 | $178,400 |
| 2019 | $7,568 | $326,500 | $148,100 | $178,400 |
| 2018 | $7,085 | $302,500 | $133,100 | $169,400 |
| 2017 | $6,853 | $291,500 | $122,100 | $169,400 |
| 2016 | $6,935 | $292,500 | $123,100 | $169,400 |
| 2015 | $6,653 | $282,500 | $113,100 | $169,400 |
| 2014 | $6,670 | $287,500 | $118,100 | $169,400 |
Source: Public Records
Map
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